2012 No. 2904
Prevention Of Nuclear ProliferationTerrorist Financing And Money Laundering
The Financial Restrictions (Iran) Order 2012
Approved by Parliament
Made 20th November 2012
Laid before Parliament 20th November 2012
Coming into force 21st November 2012

The Treasury make the following Order in exercise of the powers conferred by paragraphs 1, 3, 9, 13 and 14 of Schedule 7 to the Counter-Terrorism Act 2008.
2008 c.28. Paragraph 9 was amended by sections 48(2) and 49 of the Terrorist Asset-Freezing etc. Act 2010 (c.38).
The Financial Action Task Force has advised that measures should be taken in relation to Iran because of the risk of terrorist financing or money laundering activities being carried on in the country.
The Treasury believe that activity in Iran that facilitates the development or production of nuclear weapons poses a significant risk to the national interests of the United Kingdom.